Wallbridge Mining Co Ltd. T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

Wallbridge Mining Company Limited is a Canada-based company, which is focused on exploration and sustainable development of gold projects. The Company’s flagship project, Fenelon Gold (Fenelon), is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. The Company’s Martiniere project is located approximately 110 kilometers (km) west of the town of Matagami and 150 km north of Amos, Quebec, Canada. The Company’s Beschefer project covers 6.47 square kilometers (km2) and is located 28 km southwest of the Fenelon Gold project. The Company also holds a 19.9% interest in the Archer Exploration Corp. (Archer). Archer holds a portfolio of nickel assets in Ontario and Quebec.

TSX:WM - Post by User

Wallbridge Mining Co Ltd. > Cash Offer ??

<< Previous

Bullboard Posts

Next >>

Post by westcoast2019on Oct 13, 2020 1:00pm

221 Views

Post# 31707619

Cash Offer ??

At a price of 93 cents WM has a market cap of $772M CAD.

KL with their cash of $858M US or at current exchange of 76.15 that equals $1.127B CAD

I know it won't happen nor do I want it too but :

KL could offer a 60% premium all cash offer to take over the remaining 90% of WM that they don't already own without even borrowing a dime.

<< Previous

Bullboard Posts

Next >>

Victoria Gold: No cyanide detected downstream since mine incident